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$635,000

NAL Estimated Property Value

233 N Reserve Lane, Addison, TX, 75001

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,058 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$308.55 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Off-Market List

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 4Bathrooms 4
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesBalcony, Courtyard, Rain Gutters

Building Information

Garage Spaces2

About this property

Cobalt is now offering a $15,000 incentive that can be used for closing costs, interest rate buydowns, or options ! PLUS for contracts signed before June 30th, will get up to an additional $10,000 pre-completion incentive for a total of $25K Welcome to Addison Reserve, a 31-unit, one-of-a-kind modern townhome community designed by AIA award-winning architects Far+Dang and built with superior craftsmanship by Cobalt Homes. Perfectly in the heart of the Addison entertainment district, this stunning development offers a blend of luxury, high-end design, smart technology, and walkable convenience near Addison’s top dining, parks, and entertainment. These 3-bedroom, 3.1-bath townhomes range from 2,050 to 2,500 sq. ft., featuring an open floor plan, up to 10-ft ceilings, and large-scale windows for abundant natural light. Interior highlights include solid oak nail-down hardwood floors, premium quartz countertops, custom soft-close cabinetry, and a premium Bosch stainless steel appliance package. Spa-like primary suite offers vaulted ceilings and five-fixture baths with double shower heads, backlit mirrors, and designer finishes. Each home includes a private ground-floor gated courtyard, a second-floor balcony, and a full-size two-car garage pre-wired for EV charging. Smart home features such as a Nest doorbell camera, smart thermostat, myQ-compatible garage, & built-in security system add convenience and peace of mind. Unbeatable Location: Walk to Addison’s best restaurants, enjoy nearby parks and trails, or take advantage of the free Addison Athletic Club just half a mile away. A 5-minute drive brings you to Whole Foods and Restaurant Row, while Legacy West, Dallas Galleria, and downtown’s entertainment districts are just minutes away. DFW Airport is a quick 30-minute drive. Residents get free membership to Addison Athletic Club with a one-time ten dollar application fee. Experience modern luxury in an unbeatable Addison location. ******USE 4150 Beltway for GPS******

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,810 /month
Positive
Cash Flow Estimate:
$1,270 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$200/month
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Addison

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233 N Reserve Lane | Property Details | No Agent List